The Falcons made history when they traded Matt Ryan to the Colts this offseason. As a result of the trade, the Falcons were left with a record-breaking $40.5MM in dead cap. Thanks to the Ryan trade (as well as the trade of Julio Jones and the release of Dante Fowler), the Falcons lead the NFL with a whopping $63MM in dead cap heading into next season.
For a team that’s probably not looking to compete in 2022, this isn’t the biggest deal in the world. For competitive squads, a hefty dead cap charge could drastically limit their ability to add to their squad following final roster cuts and into the regular season. A team’s current dead cap commitment could also influence who they decide to cut at the end of the preseason.
So which teams have the most dead cap on their books? We’ve listed them in order below (h/t to Sportrac):
- Atlanta Falcons: $63,209,124
- Chicago Bears: $57,643,341
- Philadelphia Eagles: $54,915,221
- Houston Texans: $52,289,341
- Seattle Seahawks: $46,022,390
- New Orleans Saints: $33,347,982
- Pittsburgh Steelers: $30,863,174
- Las Vegas Raiders: $29,441,565
- New York Giants: $29,262,372
- Green Bay Packers: $24,628,608
- Carolina Panthers: $23,507,283
- Dallas Cowboys: $22,713,132
- Minnesota Vikings: $22,092,189
- Jacksonville Jaguars: $21,852,872
- Detroit Lions: $20,324,288
- Tampa Bay Buccaneers: $19,445,910
- Cleveland Browns: $18,774,054
- Buffalo Bills: $16,601,356
- Denver Broncos: $14,938,136
- Tennessee Titans: $14,290,108
- Los Angeles Rams: $13,522,002
- Baltimore Ravens: $12,292,703
- Arizona Cardinals: $10,278,530
- Cincinnati Bengals: $9,592,578
- New England Patriots: $9,158,009
- Miami Dolphins: $8,483,400
- Kansas City Chiefs: $7,982,236
- Indianapolis Colts: $7,037,428
- San Francisco 49ers: $6,495,221
- Washington Commanders: $6,300,496
- Los Angeles Chargers: $3,661,167
- New York Jets: $2,092,411